China will succeed even with setbacks

I read all this stuff in the press. And I'm not quite sure how you tell 1.3 billion people [in China] they’ve got to stop building infrastructure and start consuming. That’s not the way the world works, at least with no human beings I know. It’s happening gradually, just as it happened in the U.S., U.K. and many other countries historically. There are going to be setbacks in China. Goodness knows, no economy or market goes straight up. They all have setbacks. China will have many setbacks. In the 19th century, America had a horrible Civil War. We had several depressions, very little rule of law, very few human rights. And yet we became a pretty successful country in the 20th century. So China is going to have plenty of problems. What I plan to do is, when I see serious problems in China again, I hope I'm smart enough to pick up the phone and buy more China.

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Gold miners wont shut down easily

I've been in the investment world a long time and I know that things can stay below the cost of production for years. It takes a long time for people to believe they have to close their mines. It costs money to close a mine, it costs money to re-open a mine, so people are reluctant to close mines. So you can see any commodity staying below the cost of production for a while, especially if it's something like a mine which is expensive to close, and expensive to open.

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

There Are A Few Parts Of The World Economy That Are Going To Boom Over The Next Few Years

"When I speak to universities and students, I tell them all they should be studying agriculture. The farmers are going to be driving Lamborghinis. There are a few parts of the world economy that are going to boom over the next few years -- agriculture is one of them. It's not going to be all disaster." - in Nasdaq.com

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).

Things Can Stay Below The Cost Of Production For Years

"I've been in the investment world a long time and I know that things can stay below the cost of production for years. It takes a long time for people to believe they have to close their mines. It costs money to close a mine, it costs money to re-open a mine, so people are reluctant to close mines. So you can see any commodity staying below the cost of production for a while, especially if it's something like a mine which is expensive to close, and expensive to open." - in Business Insider


Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).